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Gbp/Usd : 09/12/2015 Technical Analysis Report

9th December 2015 CFX Admin

Our Preference: Buy Above 1.5000 for the target 1.5080 levels.
Alternative Scenario: Nill
 
Technical Commentary :- In Daily Chart :- GbpUsd was trading in the equidistant channel lines and yesterday its was closed on higher side and closed near support levels so today we except on buying side upto next resistance level :- which we have shown in attached image.
In 4 Hour Chart and In 1 Hour Chart :- Yesterday GbpUsd was tested the lower trend line and closed above the key support level so we can buy near intraday support levels and except upto next key resistance 1.5050 level :- which we have shown in attached image.


Technical Commentary :- In Daily Chart :- GbpUsd was trading in the equidistant channel lines and yesterday its was closed on higher side and closed near support levels so today we except on buying side upto next resistance level :- which we have shown in attached image.



In 4 Hour Chart and In 1 Hour Chart :- Yesterday GbpUsd was tested the lower trend line and closed above the key support level so we can buy near intraday support levels and except upto next key resistance 1.5050 level :- which we have shown in attached image.



In 4 Hour Chart and In 1 Hour Chart :- Yesterday GbpUsd was tested the lower trend line and closed above the key support level so we can buy near intraday support levels and except upto next key resistance 1.5050 level :- which we have shown in attached image.



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